Techstep ASA — Major Shareholding Notification 2014

Apr 1, 2014

DISCLOSURE OF LARGE SHAREHOLDINGS

DISCLOSURE OF LARGE SHAREHOLDINGS

Sophrosyne Capital, LLC has on 1 April sold

312,676 shares in Birdstep Technology at a price of

NOK 4.4133 NOK per share.

After the transaction Sophrosyne Capital, LLC holds

19,874,368 shares in Birdstep Technology ASA,

representing approximately 19,85 % of the issued and

outstanding shares and votes in the company.

This information is subject to the disclosure

requirements pursuant to section 4-2 and 5-12 of

vphl (Norwegian Securities Trading Act.